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London is an increasingly popular city to live and work in, and many new and improving districts are emerging around the capital.
But demand for places to live is expected to outstrip supply over the coming decades, so it’s no surprise that property investment in London continues to be so attractive. We believe that an additional one million households will be renting by 2021, with the highest demand in London.
Despite Government changes on loan interest and the introduction of higher stamp duty in April 2016, the overwhelming majority of landlord investors remain undeterred. The medium to long-term view they are taking means that the investment market is staying strong.
We have seen a slight price adjustment over the past few months, but that’s nothing new as we often see prices ebb and flow during the year. We expect property prices to continue rising steadily into the New Year and that they will double by 2030.
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